Transport Topics
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The roads where the trucking industry makes its living are expected to be busy in the year ahead — for a variety of reasons.
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Roadrunner Transportation Systems received an extension through April 4 to remain on the New York Stock Exchange, avoiding a delisting due to the company retracting financial statements for every quarter since the beginning of 2016 and also pulling its annual reports for 2015 and 2016.
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United Parcel Service Inc. and FedEx Corp. delivered almost all of people’s presents by Christmas Day, with the former company finishing strong after a bruising late November.
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J.B. Hunt predicted earnings between $85 million and $90 million for the fourth quarter, a decline of 20-30% versus the final three months of 2016. Financial statements will be formally released Jan. 18.
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